PLM ended 2022 with a combined ratio of 93.6%.
There were 11,896 inforce policies and a total of 5,613 accounts with PLM at the end of 2022.
We wrote 501 new accounts generating over $22.89 million of new business premium in 2022.
We wrote $374.8 million in direct written premium in 2022 with a 90.31% policy count retention and 98.1% premium retention.
Our total assets surpassed $612 million in 2022.
99% of PLM employees participated in professional development in 2022. A total of 93 exams were passed with 19 employees earning designations through The Institutes, and 5 other types of designations/certifications earned.
We were recognized as one of the 2022 Top Workplaces in the Greater Philadelphia area by The Philadelphia Inquirer for the fourth year in a row.
PLM participated in a total of 163 shows - 90 wood industry events and 73 insurance related events. A total of 96 different PLM employees attended these shows.
Over 1,966 brokers partner with PLM throughout the continental U.S. In 2022, 26 new brokers wrote business with PLM.
Our NPS Score for 2022 was 71.
